Tumkur Road near Subram Builders Nagasandra

Tumkur Road an Investment Hotspot: Transforming Bangalore’s Real Estate Landscape

Published by admin on September 26, 2024

Tumkur Road an investment hotspot, has become one of the most promising locations in Bangalore’s ever-evolving real estate market. Its strategic location, excellent connectivity, and continuous infrastructure development make it a prime choice for investors and homebuyers alike. Tumkur Road’s transformation from a largely industrial zone to a bustling residential and commercial hub showcases the area’s rapid development.

This article will explore the growth factors, social and civic amenities, employment hubs, planned infrastructure developments, and the current real estate market, providing insights into why Tumkur Road an investment hotspot is attracting considerable attention.

I. Growth Factors Driving Tumkur Road’s Popularity

A. Proximity to Thriving Suburban Towns

  1. Jalahalli, Nagasandra, and Yeshwanthpur: Tumkur Road benefits from its proximity to these vibrant suburban towns. Jalahalli, with its well-established residential colonies and green spaces, offers a peaceful living environment. Nagasandra and Yeshwanthpur, known for their commercial and industrial activities, contribute to the economic vibrancy of the region.
  2. Impact of Suburban Growth: The suburban growth has a direct impact on Tumkur Road, driving demand for residential and commercial properties. As these towns expand, they bring with them increased infrastructure, better amenities, and improved quality of life, making Tumkur Road an attractive location for investment.

B. Enhanced Connectivity

  1. Green Metro Line: The Green Metro Line extension to Jalahalli has significantly improved connectivity along Tumkur Road, reducing commute times and enhancing accessibility. This metro line is a key factor in attracting residents and businesses to the area.
  2. NICE Ring Road and Bellary Road: The NICE Ring Road, linking Tumkur Road to key areas of Bangalore, ensures seamless travel, including along Bellary Road. Tumkur Road is a great option for professionals and frequent travelers because Bellary Road offers direct access to the Kempegowda International Airport.
  3. Future Connectivity Projects: The upcoming Nelamangala-Baiyappanahalli suburban railway corridor, expected to be completed by 2025, will further boost connectivity, making it easier for residents to commute to different parts of the city and beyond.

II. Social and Civic Amenities

A. Educational Institutions

  1. Schools: Tumkur Road boasts several prominent educational institutions, enhancing its appeal for families:
    • Millenium School
    • St. Philomena’s Public School
    • Delhi Public School
    • Cluny Convent School
  2. Colleges:
    • Ramaiah Medical College
    • Shri Pillappa College of Engineering
    • Acharya Institute of Technology
  3. Impact on Real Estate Market: These institutions not only provide quality education but also attract families looking for comprehensive educational facilities, driving demand for residential properties.

B. Healthcare Facilities

  1. Notable Hospitals: Tumkur Road is well-served by notable hospitals:
    • People Tree Hospitals
    • SPARSH Hospital, Yeswanthpur
    • Omega Specialty Hospital
    • MS Ramaiah Sagar Hospital
    • Fortis Hospital
    • Raksha Multispeciality Hospital
  2. Accessibility and Impact: Proximity to these healthcare facilities ensures residents have quick access to medical care, further boosting the area’s attractiveness.

C. Shopping and Retail Options

  1. Malls: Tumkur Road offers a variety of shopping and retail options, catering to diverse consumer needs:
    • Vaishnavi Sapphire Centre
    • Rockline Mall
    • Orion Mall
    • IKEA
  2. Local Markets: Yeshwantpur Market provides a mix of traditional and modern shopping experiences.
  3. Significance: The availability of such retail options adds to the convenience and lifestyle appeal of Tumkur Road.

III. Employment Hubs and Industrial Areas

A. Proximity to Industrial Hubs

  1. Peenya Industrial Hub: Tumkur Road is close to several significant industrial hubs, providing numerous employment opportunities. Peenya is home to major companies like DENSO Kirloskar and Mysore Electrical Industries, making it one of Bangalore’s oldest and largest industrial areas.

B. Emerging Industrial Areas

        1.Dabaspet Industrial Area: New industrial zones are also coming up near Tumkur Road, witnessing growth with companies like Jindal                        Aluminium and LM Wind Power establishing their presence. This industrial expansion is creating more job opportunities and driving residential             demand in the area.

IV. Planned Infrastructure Developments

A. Peripheral Ring Road (PRR)

1. PRR Details: The Peripheral Ring Road (PRR) project is a significant infrastructure development that will enhance Tumkur Road’s connectivity, connecting it to major roads like Sarjapur, Old Madras Road, Bellary Road, in addition to the Whitefield and Hoskote regions.

2. Impact: The PRR will reduce travel time, improve connectivity, and increase real estate values, making Tumkur Road even more attractive for investment.

B. Other Key Infrastructure Projects

1. Signal-Free Corridor Plans: Several other projects are set to boost Tumkur Road’s infrastructure, including the construction of six flyovers and underpasses, including one at Tumkur Road, to improve traffic flow and reduce commute times.

V. Real Estate Market Analysis

A. Residential Projects

1. Current Projects: Tumkur Road’s real estate market is witnessing a surge in residential projects.Godrej Yeshwanthpur, renowned for its 3 BHK, 3.5 BHK, and 4.5 BHK apartments, stands out as one of the premier projects by Godrej Properties.

2. Popular Developers: Developers like Godrej Properties, Assetz Property Group, Prestige Group, Sobha Developers, and Tata Housing are actively developing projects in the area, catering to various segments of homebuyers.

B. Commercial and Retail Projects

1. Commercial Spaces: The area is seeing an increase in office spaces and commercial complexes.

2. Notable Projects: Arvind The Edge, a retail and office space development, is a significant addition, attracting businesses and boosting the local economy.

VI. Future Prospects and Investment Potential

A. Expected Property Value Appreciation

  1. Property Prices: Investing in Tumkur Road yields promising returns in property prices. Analysis indicates steady appreciation in property values, driven by continuous infrastructure development and growing demand.
  2. Expert Opinions: Real estate experts project significant growth in the coming years, making Tumkur Road an excellent investment opportunity.

B. Strategic Location Advantages

  1. Proximity to Proposed Second Airport: Tumkur Road’s strategic location adds to its investment appeal, with the potential second airport near Tumkur Road being a major growth driver, enhancing connectivity and attracting more investments.
  2. Connectivity: Easy access to major roads and the city center makes Tumkur Road a convenient location for both residential and commercial purposes.

Conclusion

Tumkur Road’s growth and investment potential make it a standout choice in Bangalore’s real estate landscape. Its strategic location, enhanced connectivity, robust social amenities, and continuous infrastructure developments position it as a top investment hotspot. Whether for residential or commercial purposes, investing in Tumkur Road promises substantial returns and a high quality of life. Invest in Tumkur Road an investment hotspot and secure your future with a promising property.